It is not known whether the offences are related to the corrupt payments made by Keppel O&M.
The Corrupt Practices Investigation Bureau (CPIB) has launched an investigation into Seatrium (SGX:S51
) after receiving information on the latter's alleged corruption offences in Brazil.
Seatrium was formerly known as Sembcorp Marine (SembMarine). The name change was proposed in April after the completion of the merger between Keppel Offshore & Marine (Keppel O&M) and SembMarine.
